(CityRegions.Com, January 20, 2018 ) The Global Activated Bleaching Earth Market accounted for USD 2.80 billion in 2017 and is projected to grow at a CAGR of 4.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The clay product, which is used to decolorize the oil and remove the pollutants, is called activated bleaching earth. It comprises of attapulgite, bentonite, and montmorillonite materials. The bleaching clay is the other names for activated bleaching earth. It is mainly used for improving the quality of oil by removing impurities, traces of metal, and maintaining minimal oil retention. There is a growing demand for activated bleaching earth in edible oil & fats and mineral oil & lubricants, which is expected to be one of the major drivers of the market over the next seven years.

Major Market Drivers:

Rising production of edible oil and fat

High efficiency of activated bleaching earth as compared to other absorbents

Growing mineral oil sector

Market Restraint:

Increased oil loss

Market Segmentation: Global Activated Bleaching Earth Market:

The Activated Bleaching Earth Market is segmented on the basis of application into edible oil & fats, mineral oil & lubricants and others.

On the basis of geography, the activated bleaching earth market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Competitive Landscape: Global Activated Bleaching Earth Market

The global activated bleaching earth market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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